Council vice president Major Sombat Wongkamhaeng, who also chairs the Thai Bars committee on legal aid, said the name of the 59-year-old Pisit was struck from the list because he had been declared insolvent in 2004. After the registrar and Pisit are notified of the councils resolution, Pisit will no longer be able to present…
ETERNAL FAME From Atomic Kitten to her own bingo site, we have all the details on Kerry’s career KERRY Katona has made headlines since her Atomic Kitten success for everything from bankruptcy to a turbulent love life. But how much is Kerry worth, and how did she make her fortune? Getty Images Kerry has been…
Hundreds of Tipperary homeowners are still facing the threat of eviction over mortgage arrears, despite moves by the last Government to curb the practice. The issue has come to light again with a number of cases listed in the County Registrar’s Court which will sit in Nenagh on July 24. One homeowner who says he…
Council vice president Major Sombat Wongkamhaeng, who also chairs the Thai Bars committee on legal aid, said Pisits name was also struck from the list because hed been declared insolvent in 2004. Council representatives accompanied Porntip Chantharat and her wheelchair-bound daughter Pattarada Beam Kaewpong to a Bangkok court on Thursday to file a civil lawsuit…
NOIDA: Buyers of Jaypee Wish Town have started an online petition directed to the management of the Industrial Development Bank of India (IDBI), seeking amnesty for Jaypee Infratech from an impending declaration of bankruptcy. The appeal harps that invested buyers should not have to bear the brunt of Jaypee’s financial situation. The campaign, floated on…
HYDERABAD: In a major setback to Deccan Chronicle Holdings Ltd (DCHL), the National Company Law Tribunal (NCLT) in Hyderabad on Wednesday admitted an insolvency petition filed by Canara Bank against the beleaguered company. The tribunal posted the case to July 11 for announcing its decision on the consequential steps to be taken after admission of…
The CBI had earlier charged the DC group, for criminal conspiracy and causing wrongful loss of Rs 357.77 crore to Canara Bank. In a blow to Deccan Chronicle Holdings Ltd (DCHL), the National Company Law Tribunal (NCLT) in Hyderabad on Wednesday, reportedly admitted an insolvency petition filed by Canara Bank. Reporting that a company is…
RBI likely to challenge Gujarat HC order Mumbai, July 5: In a move that could impede the Reserve Bank of Indias efforts to clean up the bad assets in the banking system, the Gujarat High Court has stayed further proceedings by the National Company Law Tribunal on the insolvency petition filed by the lenders against…
KOLKATA/MUMBAI: The debt resolution process for Nicco Corporation, one of the first movers to the National Company Law Tribunal (NCLT) after creation of the Bankruptcy Code, is still hanging in the balance with its lenders suggesting the company to rework the resolution plan, according to sources close to the development. This has also put Indias…
Jaeger going into administration is a warning to know the law on consulting over collective redundancies in the event of employer insolvency. Ray Tang/REX/Shutterstock Jaegers problems are the latest warning for employers to know their duties to staff in cases of employer insolvency. Chris Weaver offers legal advice. Fashion chain Jaeger going into administration…